EVERCOMMERCE INC (EVCM) Stock Technical Analysis
NASDAQ:EVCM - Nasdaq - US29977X1054 - Common Stock - Currency: USD
Taking everything into account, EVCM scores 2 out of 10 in our technical rating. EVCM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
75% of all other stocks performed better in the past year than EVCM.
In the last month EVCM has a been trading in the 9.95 - 11.89 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
EVCM is part of the Software industry. There are 281 other stocks in this industry, EVCM did better than 43% of them.
EVCM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EVCM is lagging the market slightly.
The technical rating of EVCM is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
9.23
12.26
When analyzing the support we notice one important area.
- A support zone ranging from 9.32 to 9.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 10.44 to 10.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.37 from a horizontal line in the daily time frame.
- Resistance @11.59 from a trend line in the daily time frame.
- Resistance @12.14 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for EVCM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for EVCM is neutral. |
| ChartMill Relative Strength | 25.29 | NEGATIVE | EVCM has a low relative strength, it was outperformed by 74.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EVCM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EVCM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EVCM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.56 | NEUTRAL | The RSI value for EVCM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests EVCM has a negative trend. |
| Stochastics (14,3) | 20.56 | NEUTRAL | The Stochastics value for EVCM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.1 | MEDIUM VOLATILITY | The ATR as a percentage value for EVCM suggests some volalility. |
| Average Directional Index/ADX (14) | 19.68 | NEGATIVE | The low ADX value for EVCM suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
9.98
-0.75 (-6.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-6.99%
1 Week-13.74%
2 Weeks-10.81%
1 Month-8.19%
3 Month-0.2%
6 Month-1.58%
12 Month-10.09%
2 Year-5.58%
3 Year-14.26%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%4.1%
ATR Inc47.08%
Range Today0.59
ADR(20)0.39
ADR(20)%3.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.29
Mansfield-1.09
10 Day High11.89
10 Day Low9.95
20 Day High11.89
20 Day Low9.95
52 Week High12.34
52 Week Low8.1
CS1 End9.68
CR1 Start10.44
Volume & EV
DER(3)-1.36%
DER(5)-2.39%
Volume266.90K
Volume Incr-20.62%
Vol(5)193.66K
Vol(50)222.01K